W3408 Highway 16 Rio, WI ^$ 440,000

W3408 Highway 16

^$ 440,000

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W3408 Highway 16

Rio, WI, 53960

^$ 440,000

Studio Baths0.0 Sq 3,072

Monthly Estimate*

^$ 2,924

Listed by Realty 2.0

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Studio

Commercial Property for sale in Rio, WI

for $440,000. This 3,072 square foot building was built in 1945.

The Otsego Yacht Club is a well established Bar & Restaurant in the area. Friday Fish Fry's have been bringing in loyal and new customers for years. Snow Mobile Trail enters from the back of the property. Excellent location to continue building business for decades to come. Current owners have updated flooring, ceilings, walls, coolers, tap lines, tables, chairs and more! Showings must happen prior to opening for business daily.

Commercial Active

Price

^$ 440,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,338

Style

Retail,Office,Restaurant/Supper Club,Tavern

Year Built

1945

Town/City

Rio

County/Region

Columbia

MLS | Web ID

1960958

Features

General

Lease Type None

Features Public rest rooms Signage available Inside storage

Roof Composition

Zoning Comm

Occupancy Owner

Tenant Pays N/A

County Columbia

Class Business/Comm

Present Use Retail Restaurant/Supper Club Tavern

Net Income 0

Location Free standing

Tax Year 2022

Gross Income 0

Fuel Liquid propane

Status Active

Year Built 1945

Directions Highway 151 North from Madison to Columbus Exit Hwy 16 left on 16 past Fall River to Otsego/Rio. Property on the right.

City Otsego

Street Name Highway 16

DOM 303

Price Per Sq Ft Total 143.23

Open House Date No

County Qtr Section Columbia SE

Interior

Basement Partial

Total Number of Units 1

Heating/Cooling Forced air Central air

Stories 1

Exterior

Exterior Vinyl

Lot Size Area 1.06

* Excluded Features

List By

Realty 2.0

Broker

(608) 354-8559

Phone

jasonbrakmanis@gmail.com

Affordability Calculator

$3,203

Per Month

Monthly Principal & Interest: $2,924
Monthly Property Taxes: $278
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Rio, WI

Average List Price ^$440,000

Percent of Sale Price 0%

About Rio, WI

1,097 Population

9% Since 2002

^$63,489 Median Income

39.42 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$440,000	-2.22%	Price Down
7/30/2023	$450,000		Listed Price

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W3408 Highway 16, Rio, WI, 53960 is a Commercial Property for sale at $440,000 with 3,072 sqft. W3408 Highway 16 is a studio with 0.0 baths and was built in 1945. The property's zip code is 53960 which is in Rio, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 6/1/2024.

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W3408 Highway 16

Commercial Property for sale in Rio, WI

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